Nicaragua projects receive Japanese funding

Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast
August 9, 2017 Read time: 2 mins

Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the 2416 Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast, part of a plan managed by Nicaragua’s Transport and Infrastructure (MTI). Construction work is underway at present to build a new 73km road connecting Bluefield on the country’s Caribbean coast with Nueva Guinea on the Pacific Coast, with the first 26.5km close to completion. Nicaragua has had a pressing need to improve road transport connections between its two coasts, which will help boost economic development in and around Bluefields in particular.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
    Read More
  • Papua New Guinea mends its bridges
    February 28, 2022
    Under the latest tranche of the Sustainable Highlands Highway Investment Programme, 45 of the estimated 71 bridges will be completely replaced.
    Read More
  • Ghana bridge project receiving Japan loan
    December 8, 2016
    A loan of US$100 million will help pay for a bridge spanning the Volta River in Ghana.
    Read More
  • Japanese funding for Philippines tunnel project
    January 30, 2017
    A new tunnel project in the Philippines is to be constructed with the help of Japanese funding. The project calls for the building of a new tunnel section connecting the centre of Davao City with its southern tip. Necessary funding for the work is being provided by the Japan International Cooperation Agency (JICA). The official development assistance (ODA) loan being provided by the JICA is worth US$232.74 million. The new Davao City bypass construction project in 2015 will be developed using Japanese exper
    Read More

Highlighted Content